Portfolio Insights: Utah State University has the energy and vision necessary to be one of the leading institutions for higher education in the nation. In times like these, the University relies on all the members of our community and by working together we will emerge as an even stronger university in the days ahead.

In fiscal year 2013, the University’s total net position increased $44.5 million (4.60%) to $1 billion. The increase reflects those revenues that were received during 2013 but were not used for operations or payment of interest on capital asset related debt. (Source)

1) Utah State University is committed to providing access to a quality higher education. During the course of the campaign, USU received more than $61 million in gifts to fund endowments that created scholarships in departments or colleges, funded a faculty position or provided program funding. A total of 234 endowments were created spanning across all seven colleges.

Endowment gifts represent a crucial source of funding as well as a lasting legacy. In recognition, many endowments are named after the donor or someone the donor wishes to honor. The Lynn Langer Meeks Fellowship, established by her husband, Norman L. Jones, was created in memoriam of Lynn, a former USU English faculty member who died of pancreatic cancer in 2006. The funds from this endowment support women returning to school who wish to be English teachers, with preference given to established English teachers with more than three years of service. (Source)

2) The Utah State University Endowment Fund consists of endowed gifts which provide perpetual financial support for scholarships, fellowships, faculty chairs and professorships, and other important University programs and services. An endowed gift is intended to provide the University with a permanent source of funding by investing the principal amount of the gift and making available a portion of the income it generates. The minimum gift required to establish an endowment is $25,000. The amount of endowment “income” available for spending is determined by the Utah State University Board of Trustees and is governed by Utah law.

Nearly all endowment is collectively invested as a large, singular pool of funds, called the Endowment Pool (the “Pool”). Although the Pool is invested as a singular fund, the individual endowment fund comprising it are separately tracked by assigning each fund shares of ownership in the Pool, similar to how an individual’s investment in a mutual fund is tracked. (Source)

3) The mission of Utah State University is to be one of the nation’s premier student-centered land-grant and space-grant universities by fostering the principle that academics come first, by cultivating diversity of thought and culture, and by serving the public through learning, discovery, and engagement. (Source)

4) Utah State University is a public institution that was founded in 1888. It has a total undergraduate enrollment of 24,385, its setting is urban, and the campus size is 450 acres. It utilizes a semester-based academic calendar. Utah State University’s ranking in the 2015 edition of Best Colleges is National Universities, 194. Its in-state tuition and fees are $6,384 (2014-15); out-of-state tuition and fees are $18,491 (2014-15). (Source)

5) On Saturday, October 23rd, 2010 Utah State University honored one of its greatest alumnus and the most decorated football player in school history with the unveiling of a larger-than-life-size bronze statue of Merlin Olsen on Saturday with a special ceremony on the South Plaza of Romney Stadium prior to USU’s Homecoming football game against Hawai’i.

A large crowd attended the ceremony, featuring Olsen’s family, friends, former teammates and former USU players among the dignitaries in attendance. (Source)

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